KORE Wireless Group, Inc.(KORE),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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KORE KORE Wireless Group, Inc.

Market Closed 12-20 16:00:00 EST

1.33

+0.08

+6.40%

High1.33	Low1.20	Vol88.67K
Open1.23	D1 Closing1.25	Amplitude10.40%
Mkt Cap22.62M	Tradable Cap10.62M	Total Shares17.01M
T/O110.80K	T/O Rate1.11%	Tradable Shares7.99M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings of this company is a solid fundamental factor that enhances the prospects of a trend reversal for the stock.What is a Hammer Chart and How to Trade It?If this is not enough, you should note that KORE currently has a Zacks Rank #2 , which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperfo","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/eeFsK50..hTdRBoBNDEyoA--~B/aD03MTE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d2f7ed3d1940141716bfd200f5c94c6b","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/eeFsK50..hTdRBoBNDEyoA--~B/aD03MTE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d2f7ed3d1940141716bfd200f5c94c6b"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cerberus-telecom-acquisition-kore-forms-145502125.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CTAC.U","LU2048586759.USD","LU2249611893.SGD","IE0031619046.USD","BK4161","LU0823414478.USD","LU1988902786.USD","LU2264538146.SGD","IE00B19Z4B17.USD","GTLS","IE00B7SZL793.SGD","IE00BFMHRM44.USD","BK4132","LU1064131342.USD","IE00B66KJ199.SGD","PEGI","KORE","LU2211815571.USD"],"gpt_icon":0},{"id":"2491353374","title":"BUZZ-U.S. STOCKS ON THE MOVE-Canadian Solar, Quanex Building, PENN","url":"https://stock-news.laohu8.com/highlight/detail?id=2491353374","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491353374?lang=en_us&edition=fundamental","pubTime":"2024-12-13 23:43","pubTimestamp":1734104601,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-Canadian Solar, Quanex Building, PENNEikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newslett","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241213:nL4N3NE0Z8:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PGR","LU0097036916.USD","MTH","CCS","SCHW","INO","LU2098885051.SGD","LU2133065610.SGD","IE00BK4W5L77.USD","ANET","LU0130517989.USD","PENN","DHI","LU1791807156.HKD","LOOP","LU2272731600.USD","LEN","LU1303367103.USD","BAK","UPST","LU1670627923.USD","LU2237957811.SGD","LU1670710661.SGD","AVGO","LU1496350502.SGD","NX","LU2106854487.HKD","LU2237443895.HKD","BLDR","RPTX","KUKE","OPFI","LU0795875169.SGD","TMUS","FFIC","BA","IE00BKPKM429.USD","XXII","RH","KORE","TRUG","LU0444971666.USD","NTZ","IE00BMPRXN33.USD","BK4510","TOL","CSIQ","WKEY"],"gpt_icon":1},{"id":"2489128403","title":"Keppel Pacific Oak US REIT’s trustee secures US$50 mil loan facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2489128403","media":"Ashley Lo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489128403?lang=en_us&edition=fundamental","pubTime":"2024-12-04 09:44","pubTimestamp":1733276669,"startTime":"0","endTime":"0","summary":"Should any prepayment event occur, the aggregate level of the facility and existing outstanding borrowing of KORE that may be affected stands at approximately US$790 million. 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(KORE) has disclosed a new risk, in the Litigation & Legal Liabilities category. Kore Group Holdings, Inc. faces signific...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/kore-group-holdings-faces-financial-instability-as-liabilities-outweigh-assets?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/kore-group-holdings-faces-financial-instability-as-liabilities-outweigh-assets?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4132","KORE"],"gpt_icon":0},{"id":"2484191477","title":"Analysts Have Conflicting Sentiments on These Communication Services Companies: Warner Music Group (WMG), Weibo (WB) and KORE Group Holdings (KORE)","url":"https://stock-news.laohu8.com/highlight/detail?id=2484191477","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484191477?lang=en_us&edition=fundamental","pubTime":"2024-11-20 19:22","pubTimestamp":1732101723,"startTime":"0","endTime":"0","summary":"Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Warner Music Group (WMG – Research Rep...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-have-conflicting-sentiments-on-these-communication-services-companies-warner-music-group-wmg-weibo-wb-and-kore-group-holdings-kore?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-have-conflicting-sentiments-on-these-communication-services-companies-warner-music-group-wmg-weibo-wb-and-kore-group-holdings-kore?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4585","BK4077","BK4502","BK4561","WMG","BK4526","BK4009","KORE","BK4132","WB","WIMI","BK4571","BK4513","BK4508","BK4531","BK4108","BK4588"],"gpt_icon":0},{"id":"2484191510","title":"KORE Group Holdings: Navigating Transitional Challenges with Strategic Shifts and Stability","url":"https://stock-news.laohu8.com/highlight/detail?id=2484191510","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484191510?lang=en_us&edition=fundamental","pubTime":"2024-11-20 19:21","pubTimestamp":1732101718,"startTime":"0","endTime":"0","summary":"Meta Marshall, an analyst from Morgan Stanley, maintained the Hold rating on KORE Group Holdings (KORE – Research Report). The associated price tar...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/kore-group-holdings-navigating-transitional-challenges-with-strategic-shifts-and-stability?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/kore-group-holdings-navigating-transitional-challenges-with-strategic-shifts-and-stability?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4588","LU1720051017.SGD","LU1548497426.USD","LU2028103732.USD","LU1074936037.SGD","LU2023251221.USD","LU1668664300.SGD","LU0106831901.USD","LU0006306889.USD","BK4585","LU1162221912.USD","LU2357305700.SGD","LU0971096721.USD","LU2111349929.HKD","LU0225283273.USD","BK4127","LU2271345857.HKD","LU1720051108.HKD","LU0158827781.USD","BK4581","LU0098860793.USD","LU0106261372.USD","LU2089284900.SGD","BK4516","LU0267386448.USD","LU0158827948.USD","IE00BZ1G4Q59.USD","LU1989772923.USD","LU0314104364.USD","LU1989772840.SGD","BK4132","LU2089283258.USD","BK4534","IE00BKVL7J92.USD","LU1363072403.SGD","KORE","LU0320765646.SGD","BK4504"],"gpt_icon":0},{"id":"2484838291","title":"Stocks to Watch: Comcast, Varex Imaging, KORE Group Holdings","url":"https://stock-news.laohu8.com/highlight/detail?id=2484838291","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484838291?lang=en_us&edition=fundamental","pubTime":"2024-11-20 07:51","pubTimestamp":1732060260,"startTime":"0","endTime":"0","summary":"Comcast is expected to disclose on Wednesday that it's moving forward with a plan to spin off its NBCUniversal cable TV networks, The Wall Street Journal reported, citing people familiar with the situation. The company, which last month said it was studying the idea, will separate off entertainment and news channels including MSNBC, CNBC, USA, Oxygen, E!, Syfy and Golf Channel. Those assets generated about $7 billion in revenue in the 12 months ended Sept. 30. Shares rise 3.8%, to $42.32, in after-hours trading.KORE Group Holdings said it completed its restructuring plan and posted higher-than-expected revenue in the third quarter. The restructuring, which included cost reductions, leadership realignments and operational improvements, will enable investments in the company's growth priorities and is already bearing fruit, Chief Executive Ron Totton said. Revenue in the most recent quarter edged 0.4% higher to $68.9 million, ahead of the $68 million that analysts surveyed by FactSet exp","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4132","VREX","BK4082","CMCSA","KORE"],"gpt_icon":0},{"id":"2484188601","title":"KORE Group Holdings Shares Surge After Completing Restructuring, Beating 3Q Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2484188601","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484188601?lang=en_us&edition=fundamental","pubTime":"2024-11-20 07:38","pubTimestamp":1732059480,"startTime":"0","endTime":"0","summary":"Shares of KORE Group Holdings jumped after the company said it completed its restructuring plan and posted higher-than-expected revenue in the third quarter.The stock rose 28%, to $2.35, in after-hours trading Tuesday. Shares, which ended the regular session down 7.1% at $1.83, have fallen nearly 63% since the beginning of the year.The company, which delivers internet-of-things solutions and services, narrowed its net loss to $19.4 million from $95.4 million in last year's quarter, which was hurt by a goodwill impairment.Revenue edged 0.4% higher to $68.9 million, ahead of the $68 million that analysts surveyed by FactSet expected.Connectivity revenue increased 3% to $56.7 million, driven by organic growth. This gain offset solutions revenue, which fell 9% to $12.2 million, primarily due to the decision to wind down the company's lower-margin hardware business, it said.Chief Executive Ron Totton said the company during the quarter completed its restructuring plan, which included cost r","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["KORE","BK4132"],"gpt_icon":0},{"id":"2484181456","title":"KORE Group Holdings, Inc. (KORE) Reports Q3 Loss, Tops Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2484181456","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484181456?lang=en_us&edition=fundamental","pubTime":"2024-11-20 07:20","pubTimestamp":1732058402,"startTime":"0","endTime":"0","summary":"KORE Group Holdings, Inc.  came out with a quarterly loss of $1 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $1.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.50%. A quarter ago, it was expected that this company would post a loss of $0.68 per share when it actually produced a loss of $0.99, delivering a surprise of -45.59%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Cerberus Telecom Acquisition , which belongs to the Zacks Internet - Software industry, posted revenues of $68.92 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.51%. This compares to year-ago revenues of $68.63 million. The company has topped consensus revenue estimates two times over the last four quarters.Investors should be mindful of the fact that the outlook for the industry can have a material imp","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/gUf3JPAiwp3PVjuDKftvaA--~B/aD04NDU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/26a86d59f0e8f1e82a35a92ae5684cd9","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gUf3JPAiwp3PVjuDKftvaA--~B/aD04NDU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/26a86d59f0e8f1e82a35a92ae5684cd9"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/kore-group-holdings-inc-kore-232002283.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["VEEV","KORE"],"gpt_icon":0},{"id":"2484904551","title":"BRIEF-Kore Reports Third Quarter 2024 Results And Completion Of Restructuring Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2484904551","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484904551?lang=en_us&edition=fundamental","pubTime":"2024-11-20 06:18","pubTimestamp":1732054707,"startTime":"0","endTime":"0","summary":"Nov 19  - KORE Group Holdings Inc   :   * KORE REPORTS THIRD QUARTER 2024 RESULTS AND COMPLETION OF RESTRUCTURING PLAN   * : ON TRACK TO MEET 2024 GUIDANCE   * Q3 2024 REVENUE $68.9 MILLION, UP 0.4% YOY   * OUTLOOK FY REVENUE $280 MILLION TO $285 MILLION   * FY2024 REVENUE VIEW $280.9 MILLION -- LSEG IBES DATASource text:    Further company coverage:","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["KORE","BK4132"],"gpt_icon":0},{"id":"2484905972","title":"KORE Group Holdings reports Q3 results","url":"https://stock-news.laohu8.com/highlight/detail?id=2484905972","media":"seekingalpha","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484905972?lang=en_us&edition=fundamental","pubTime":"2024-11-20 05:15","pubTimestamp":1732050910,"startTime":"0","endTime":"0","summary":"KORE Group Holdings press release : Q3 Revenue of $68.9M   beats by $0.95M. Net loss was $19.4 million for the third quarter of 2024, a 80% decrease from a net loss of $95.4 million for the same period a year ago largely due to the goodwill impairment recorded in the third quarter of the previous year.  2024 Financial Outlook For the 12 months ending December 31, 2024, the Company has tightened its outlook ranges, and its expectations are: Revenue in the range of $280 million to $285 million; and Adjusted EBITDA in the range of $54 million to $55 million.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/news/4309134-kore-group-holdings-reports-q3-results","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"seekingalpha","symbols":["KORE","BK4132"],"gpt_icon":0},{"id":"2484030009","title":"Kore Group Holdings Q3 Sales $68.900M Beat $68.000M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2484030009","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484030009?lang=en_us&edition=fundamental","pubTime":"2024-11-20 05:12","pubTimestamp":1732050737,"startTime":"0","endTime":"0","summary":"Kore Group Holdings (NYSE:KORE) reported quarterly sales of $68.900 million which beat the analyst consensus estimate of $68.000 million by 1.32 percent.  This is a 0.39 percent increase over sales of $68.633 million the","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/11/42074561/kore-group-holdings-q3-sales-68-900m-beat-68-000m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Kore Group Holdings Q3 Sales $68.900M Beat $68.000M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["KORE"],"gpt_icon":0},{"id":"2484903156","title":"KORE Reports Third Quarter 2024 Results and Completion of Restructuring Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2484903156","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484903156?lang=en_us&edition=fundamental","pubTime":"2024-11-20 05:05","pubTimestamp":1732050303,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241119:nTUAVF0VF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["KORE","BK4132"],"gpt_icon":0},{"id":"2484903152","title":"KORE Group Holdings Inc: on Track to Meet 2024 Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2484903152","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484903152?lang=en_us&edition=fundamental","pubTime":"2024-11-20 05:05","pubTimestamp":1732050303,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241119:nTUAVF0VF:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["KORE","BK4132"],"gpt_icon":0},{"id":"2484290341","title":"KORE Group Holdings Inc  FY2024 REV View $280.9 Mln -- Lseg Ibes Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2484290341","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484290341?lang=en_us&edition=fundamental","pubTime":"2024-11-20 05:05","pubTimestamp":1732050303,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241119:nTUAVF0VF:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4132","KORE"],"gpt_icon":0},{"id":"2484034689","title":"Press Release: KORE Reports Third Quarter 2024 Results and Completion of Restructuring Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2484034689","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484034689?lang=en_us&edition=fundamental","pubTime":"2024-11-20 05:05","pubTimestamp":1732050300,"startTime":"0","endTime":"0","summary":"ATLANTA, Nov. 19, 2024 /PRNewswire/ -- KORE Group Holdings, Inc.  , the global pure-play Internet of Things  hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today reported financial and operational results for the three and nine months ended September 30, 2024.-- Third quarter 2024 revenue was $68.9 million, a 0.4% increase from $68.6. $55.2 million in the same period last year was driven by organic. million in the same period last year was due to the decision to. -- Net loss was $19.4 million for the third quarter of 2024, a 80% decrease. -- Adjusted EBITDA was $13.0 million for the third quarter of 2024, an 8%. \"While our third-quarter top-line performance showed modest growth, our focus on Connectivity offerings is showing results. With an installed base of close to 19 million connections generating an ARPU of about $1 per month we already have a solid foundation of CaaS business to build on,\" said Ron Totton, President and CEO of KORE. \"We have successfully ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4132","GRO","KORE"],"gpt_icon":0},{"id":"2483533290","title":"KORE Group Holdings Inc  expected to post a loss of 63 cents a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2483533290","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483533290?lang=en_us&edition=fundamental","pubTime":"2024-11-16 05:30","pubTimestamp":1731706206,"startTime":"0","endTime":"0","summary":"KORE Group Holdings Inc  expected to post a loss of63cents a share - Earnings Preview KORE Group Holdings Inc KORE.N, KORE.K is expected to show a fall in quarterly revenue when it reports  results on","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241115:nL8N3MM20J:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["KORE"],"gpt_icon":0},{"id":"2483488077","title":"Calendar of U.S. Earnings Expected in the Week Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2483488077","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483488077?lang=en_us&edition=fundamental","pubTime":"2024-11-13 19:00","pubTimestamp":1731495600,"startTime":"0","endTime":"0","summary":"Major companies tentatively scheduled to report quarterly earnings in the week ahead, with earnings estimates provided by FactSet Research Systems Inc.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SHCO","ENLT","HAYN","LVLU","BEEM","AFCG","AMAT","ADAP","ASND","CREX","BZH","MCRB","INKT","SLE","JD","SONO","CIG","MURA","KRMD","HBM","CPRT","CELC","EC","HI","INO","DFLI","INVZ","DNMR","IVVD","DMAC","EXAI","BN","BOXL","GAMB","SLRN","BRAG","KMDA","KORE","UGP","BRFS","BLRX","DTI","GOEV","MIST","LQDA","CINT","GLOB","ICAD","DGII"],"gpt_icon":1},{"id":"2483008062","title":"BRIEF-Kore Group Holdings-Co’S Previously Issued QTRLY Financial Statements On Form 10-Q For Quarter Ended June 30 Should No Longer Be Relied Upon","url":"https://stock-news.laohu8.com/highlight/detail?id=2483008062","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483008062?lang=en_us&edition=fundamental","pubTime":"2024-11-13 07:31","pubTimestamp":1731454301,"startTime":"0","endTime":"0","summary":"Nov 12  - KORE Group Holdings Inc   :   * KORE GROUP HOLDINGS-CO’S PREVIOUSLY ISSUED QTRLY FINANCIAL STATEMENTS ON FORM 10-Q FOR QUARTER ENDED JUNE 30 SHOULD NO LONGER BE RELIED UPON   * KORE GROUP HOLDINGS INC -CO’S GOODWILL IMPAIRMENT EXPENSE WAS MATERIALLY MISSTATED IN THE SECOND QUARTER OF 2024   * KORE GROUP HOLDINGS-ESTIMATED IMPACT OF RESTATEMENT OF CO’S CONSOLIDATED STATEMENTS OF OPERATIONS IS EXPECTED TO INCREASE NET LOSS BY ABOUT $19 MILLIONSource text:    Further company coverage:    ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["KORE","BK4132"],"gpt_icon":0},{"id":"2483506413","title":"KORE Group Holdings-Co’s Previously Issued Qtrly Financial Statements on Form 10-Q for Quarter Ended June 30 Should No Longer Be Relied Upon","url":"https://stock-news.laohu8.com/highlight/detail?id=2483506413","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483506413?lang=en_us&edition=fundamental","pubTime":"2024-11-13 07:14","pubTimestamp":1731453242,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241112:nFWN3MJ1Q6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["KORE","BK4132"],"gpt_icon":0}],"profile":{"websiteUrl":"http://www.korewireless.com","stockEarnings":[{"period":"1week","weight":0.1368},{"period":"1month","weight":-0.3},{"period":"3month","weight":-0.3843},{"period":"6month","weight":-0.5481},{"period":"1year","weight":-0.7109},{"period":"ytd","weight":-0.7286}],"compareEarnings":[{"period":"1week","weight":-0.0216},{"period":"1month","weight":0.0011},{"period":"3month","weight":0.0403},{"period":"6month","weight":0.0857},{"period":"1year","weight":0.2506},{"period":"ytd","weight":0.2437}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. 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Introduction